What is wps international net working capital

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Question - WPS International has the following balance sheet. Twenty-five percent of its current assets are temporary, and the remainder are permanent current assets.

Cash

$150,000

Accounts Payable

$100,000

Inventory

$120,000

Notes Payable

$90,000

Accounts Receivable

$80,000

Long-term Debt

$120,000

Fixed Assets

$500,000

Common Equity

$540,000

Total Assets

$850,000

Total Liability and Equity

$850,000

Required -

a. What is WPS International's working capital?

b. What is WPS International's net working capital?

c. Calculate the temporary current assets.

d. Calculate the permanent current assets.

Reference no: EM133068891

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